An important concept for soccer bettors to understand is “yield.”
Your “yield” is a percentage that refers to the rate of return on your bets. Yield differs from two other key concepts – ROI (Return on Investment) and Profitability.
While most bettors tend to focus on profits as the key indicator of success, the truth is you have to know your yield, ROI and profitability as well to get a real accurate picture of how you are doing.
For the purposes of this article, let’s look at yield. Your yield basically measures how efficient you are at betting. For example, if you place and win a series of safe, low odds bets your yield may be lower than someone who wins less but when he does win he wins higher odds bets. Betting more efficiently means winning more money with less money staked.
To figure out your yield use the following formula:
Net Profit/Loss, which is money won (do not count returned stakes) – money lost / Total amount staked = yield
So, let’s say you placed 25 bets with a unit size of €20. You won 17 bets and lost eight. Factoring in odds you end up with a total profit gain of 70. Dividing this amount by the total amount bet, which is 500 results in a yield of 14%.
70 / 500 = 14%
A yield between 5% and 15% is considered very good and will help ensure that you make profits over the long run.
A couple of things to keep in mind about yield:
1. Sample size makes a difference. Analyzing a small number of bets can produce a very high or very low yield depending on the results of that short period. A person’s true yield can be better told by analyzing a high number of bets. This will better balance runs of good luck and bad luck and will give a more accurate picture of a bettor’s efficiency.
2. Your goal should be to maintain as high a yield as possible. A high yield means you are doing well and producing high profits.